Navacord to buy Canadian insurance broker Acera for $1.8 billion, Clairvest to exit

Madison Dearborn Partners-owned Navacord Corp has signed a definitive agreement to acquire Acera Insurance Services, creating Canada’s largest privately held insurance brokerage, employee benefits and wealth advisory firm.

Dec 7, 2025 - 18:00
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Navacord to buy Canadian insurance broker Acera for $1.8 billion, Clairvest to exit
Madison Dearborn Partners-owned Navacord Corp has signed a definitive agreement to acquire Acera Insurance Services, creating Canada’s largest privately held insurance brokerage, employee benefits and wealth advisory firm.

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